How to search the NCDs / Bonds in Kite Market watch tab ??
How to Identify the exact Issue of each NCD /Bond listed in Market watch ??
Eg. SREIBNPNCD-N1 :
Which SREI NCD issue is this ?? What does the abbreviation mean ?
What does BNP, N1 in title mean ?
Could not find any relevant stuff in in NSE website either.
N1, N2 abbreviations you see are different series of the past bond issues. Each and every series will have different tenors, maturity and coupon rates. For ex, these are some past issues of SREI.
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The same bond will be available under multiple series and if you are applying for an IPO(debt) then you should know which series you are investing in, the details of which can be found in the offer docs. For example, this is the latest issue of SREI.